Sentences with phrase «overall defined benefit plan»
Not exact matches
The root of this difficulty is that both sides in public - employee negotiations find it in their interest to reduce the wage portion of the overall collective bargaining agreement — which, in the case of the Chicago public school teachers, is quite high at over $ 75,000 per year — in favor of larger pension benefits under a «defined benefits» plan.
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Know your risk tolerance Defined benefit pension funds typically go through a formal process to assess their risk tolerance as part of establishing an overall financial plan, notes Colin Sinclare of McLean Budden.
We can advise you on creative solutions to align the defined benefit plan with the company's financial and overall retirement plan goals.
A: Defined benefit (DB) pension plans can provide you with a smooth transition into a comfortable retirement lifestyle or play a healthy part in your overall retirement resources.